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— Latest Posts
Inflation data suggests January rate hike
Despite the Bank of Canada recently suggesting we could be at the end of the rate-hike cycle, inflation data appears to be keeping an additional rate hike in play.November’s headline CPI inflation...
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Housing affordability hasn’t yet improved despite easing prices
Elevated home prices and now higher interest rates are continuing to pose an affordability challenge for today’s homebuyers.Although the average national home price has decreased since reaching its...
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What does the latest Bank of Canada rate hike mean for borrowers?
The Bank of Canada adopted the role of the Grinch this holiday season by delivering a final 50-bps rate increase at its last meeting of the year.It was the Bank’s seventh consecutive rate increase and...
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What you need to know about "trigger rates"
There’s been a great deal of talk in the media lately about variable-rate mortgage borrowers hitting their so-called “trigger rate.”Below, I’m going to explain what that trigger rate is, the...
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